Emzor Raises $19.8 Million Bond to Expand Local Pharmaceutical Manufacturing

Emzor raises N26.7bn bond to boost local drug manufacturing

By Yinka Kolawole Emzor Pharmaceutical Industries has raised a $19.8 million (N26.7 billion) Series 1 Fixed Rate Bond on the FMDQ Group Exchange, in a major move to strengthen local pharmaceutical manufacturing and complete West Africa’s first full-scale anti-malarial Active Pharmaceutical Ingredient (API) manufacturing facility. The bond, issued through Emzor’s special purpose vehicle, Emzor Pharma […] The post Emzor raises N26.7bn bond to boost local drug manufacturing appeared first on Van...

By Urowayino Jeremiah